The banking crisis: cause and effect - for iPod/iPhone
By The Open University
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Description
Autumn 2008 witnessed a global financial crisis with governments worldwide taking emergency action to prevent a collapse of the banking system. The aftermath of the worst financial crisis since the 1930s saw economic activity slump. In the UK, higher unemployment, falling house prices and a sharp increase in government debt proved to be the alarming legacy of the near implosion of the banking system. This fascinating insight into the downfall of the global financial markets gives us a clear understanding of where it all went wrong. This material forms part of The Open University course DB234 Personal investment in an uncertain world
| Name | Description | Released | Price | ||
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1 |
The banking crisis: cause and effect | A short introduction to this album. | 28 3 2010 | Free | View in iTunes |
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2 |
Transcript -- The banking crisis: cause and effect | Transcript -- A short introduction to this album. | 28 3 2010 | Free | View in iTunes |
| 3 | VideoThe collapse | Banks were once the corner stone of modern British society, but by September 2005 banks stopped lending to each other overnight. What happened? What caused this credit crisis? | 28 3 2010 | Free | View in iTunes |
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4 |
Transcript -- The collapse | Transcript -- Banks were once the corner stone of modern British society, but by September 2005 banks stopped lending to each other overnight. What happened? What caused this credit crisis? | 28 3 2010 | Free | View in iTunes |
| 5 | VideoCasino Banking | As banks were pressured to increase returns, the age of casino banking was born. Along with it came ever more complex forms of securitised debt. | 28 3 2010 | Free | View in iTunes |
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6 |
Transcript -- Casino Banking | Transcript -- As banks were pressured to increase returns, the age of casino banking was born. Along with it came ever more complex forms of securitised debt. | 28 3 2010 | Free | View in iTunes |
| 7 | VideoMore lending, more spending | By the end of 2004 people were offered more money and a larger choice in financial products. Ken Jones explains how cheap credit helped his business go from strength to strength. | 28 3 2010 | Free | View in iTunes |
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8 |
Transcript -- More lending, more spending | Transcript -- By the end of 2004 people were offered more money and a larger choice in financial products. Ken Jones explains how cheap credit helped his business go from strength to strength. | 28 3 2010 | Free | View in iTunes |
| 9 | VideoRating Agencies: too lenient? | Were the rating agencies too lenient? Should these private companies have seen the crisis coming? | 28 3 2010 | Free | View in iTunes |
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Transcript -- Rating Agencies: too lenient? | Transcript -- Were the rating agencies too lenient? Should these private companies have seen the crisis coming? | 28 3 2010 | Free | View in iTunes |
| 11 | VideoThe first domino: Northern Rock | In early 2007 Northern Rock were the first of the UK retail banks to seek emergency funding from the Bank of England. | 28 3 2010 | Free | View in iTunes |
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12 |
Transcript -- The first domino: Northern Rock | Transcript -- In early 2007 Northern Rock were the first of the UK retail banks to seek emergency funding from the Bank of England. | 28 3 2010 | Free | View in iTunes |
| 13 | VideoNationalising the banks | Twelve months after the fall of Northern Rock the UK Government intervene with fresh capital for an otherwise failed banking system. Never the less the country plunged head on into a recession. | 28 3 2010 | Free | View in iTunes |
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Transcript -- Nationalising the banks | Transcript -- Twelve months after the fall of Northern Rock the UK Government intervene with fresh capital for an otherwise failed banking system. Never the less the country plunged head on into a recession. | 28 3 2010 | Free | View in iTunes |
| 15 | VideoThe future of banking | What does the future hold for the retail banking system? Will we be forced to revert back to more a traditional, low profit approach to lending? | 28 3 2010 | Free | View in iTunes |
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Transcript -- The future of banking | Transcript -- What does the future hold for the retail banking system? Will we be forced to revert back to more a traditional, low profit approach to lending? | 28 3 2010 | Free | View in iTunes |
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17 |
The banking collapse in context | The Open University’s Martin Upton, Jonquil Lowe and Alan Shipman look back and reflect on the global effects of the banking crisis of 2008-09. | 28 3 2010 | Free | View in iTunes |
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18 |
Transcript -- The banking collapse in context | Transcript -- The Open University’s Martin Upton, Jonquil Lowe and Alan Shipman look back and reflect on the global effects of the banking crisis of 2008-09. | 28 3 2010 | Free | View in iTunes |
| 18 Items |
